General Business News

Stockholm: Spotify has reported its third quarter 2024 earnings, demonstrating significant growth across several key performance metrics. The company has made strides towards achieving a full year of profitability, marking a milestone in its financial...

The post Spotify’s Third Quarter 2024 Earnings Show Significant Growth. appeared first on Pakistan Business News.

Karachi: K-Electric's 560 MW Bin Qasim Power Station II (BQPS-II) has garnered international acclaim, securing accolades at the Asian Power Awards 2024 in two distinct categories: Gas Power Project of the Year - Pakistan and Power Plant Upgrade of the...

The post K-Electric’s BQPS-II Honored at Asian Power Awards for Energy Efficiency Innovation. appeared first on Pakistan Business News.

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed its appreciation for the collaborative efforts between the Small and Medium Enterprises Development Authority (SMEDA) and the Board of Investment (BOI) in implementing over 170...

The post SMEDA and BOI Collaborate for Over 170 Regulatory Reforms in Pakistan. appeared first on Pakistan Business News.

Karachi: Fauji Fertilizer Bin Qasim Limited (FFBL) management held a corporate briefing yesterday to discuss the financial performance for the third quarter of the calendar year 2024 (3QCY24) and the outlook for the future. This briefing is expected t...

The post FFBL Reports Significant Growth in Profitability Amid Positive Market Conditions. appeared first on Pakistan Business News.

Karachi: FCL has announced a significant rise in its Net Profit After Tax (NPAT) for the fiscal year 2024, reaching PkR1.89 billion, which translates to earnings per share of PkR3.0, marking a 9% year-on-year increase. This improvement was primarily a...

The post FCL Reports 9% YoY Increase in NPAT for FY24, Expects Revenue Growth in FY25. appeared first on Pakistan Business News.

Karachi: BankIslami, one of Pakistan's leading Islamic banks, has launched its revamped mobile app designed to enhance the banking experience with advanced security features and user-friendly functionality for customers nationwide. This upgrade aims t...

The post BankIslami Unveils Enhanced Mobile App for Secure Banking Experience. appeared first on Pakistan Business News.

Lahore: Lucky Cement posted standalone profitability of PkR6.6 billion (EPS: PkR22.4) in the first quarter of FY25, marking a 5% decline from PkR6.9 billion (EPS: PkR23.6) in the same period last year. This decrease is primarily attributed to a contra...

The post Lucky Cement Reports Mixed Financial Results for 1QFY25. appeared first on Pakistan Business News.